European Central Bank – November Monthly Bulletin

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Quarterly real GDP rates for the eurozone could return to positive territory in the second half of the year, the European Central Bank's (ECB) Monthly Bulletin for November indicated.

Explaining that statement, the report said that the euro area would gain from inventory adjustment and export recovery, along with enduring effects of sizable macroeconomic stimulus packages.

The central bank was also upbeat on inflation.

The central bank reiterated that its current policy rate is appropriate, and

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